The Prospector News

Iron Creek Arranges $1.0 Million Financing

You have opened a direct link to the current edition PDF

Open PDF Close

Share this news article

Iron Creek Arranges $1.0 Million Financing






Iron Creek Capital Corp. (TSX VENTURE:IRN) is pleased to announce a non-brokered private placement of up to 16,666,667 units at $0.06 per unit. Each unit will be comprised of one common share  and one-half of one non-transferable common share purchase warrant. Each Warrant entitles the holder to purchase an additional Share at $0.10 for a period of two years.

The Shares, and any Shares issued on the exercise of the Warrants, will be subject to customary securities legislation hold periods. There can be no assurance that the private placement will be completed as proposed or at all, and it is subject to a number of conditions, including the approval of the TSX Venture Exchange and other applicable regulatory approvals.

The Company may, at its discretion and subject to TSXV approval, pay a finder’s fee consisting of 6% units and 6% broker warrants, each broker warrant entitling the finder to purchase a Share at $0.10 for a period of two years.

The proceeds of the financing will be used for exploration of the Company’s mineral projects in Chile and for general working capital purposes.

About Iron Creek

Iron Creek Capital Corp. is a Vancouver-based mineral exploration company engaged in the acquisition and exploration of precious and base metals projects in Chile.

Posted May 7, 2013

Share this news article


Scottie Resources’ Drills 14.6 g/t Gold Over 8.07 Metres, Extending Blueberry Zone to Over 550 Metres Strike-Length

Scottie Resources Corp. (TSX-V: SCOT) is pleased to report new as... READ MORE

September 21, 2021

Golden Independence Intersects 1.71 g/t Gold and 6.0 g/t Silver over 70 Feet at Independence Project

Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE:... READ MORE

September 21, 2021

Drilling Intersects Native Gold in Drilling on Holes DDH-DN-21-14 to 16 on the Argo/LG Zones at the Del Norte Property, Golden Triangle, BC

Decade Resources Ltd (TSX-V: DEC) announces that it has intersect... READ MORE

September 21, 2021

Great Panther Secures $25 Million in New Credit Facilities

New 18-month credit facilities with Asahi and Samsung underpin th... READ MORE

September 21, 2021

Aya Gold & Silver Intercepts 1,299 g/t Ag over 15m and Continues to Expand Zgounder at Depth

Aya Gold & Silver Inc. (TSX: AYA) is pleased to announce hig... READ MORE

September 21, 2021

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2021 The Prospector News